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Claiming a private pension before state pension age.

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Phil C
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10 hours 1 minute ago #313873 by Phil C

Claiming a private pension before state pension age. was created by Phil C

Hello everyone,

This is a question regarding UC and the claiming of private pensions.

I have a private pension with Scottish Friendly. It was formerly my Naval Pension which I had built up from my service, which I then reinvested when I left the Royal Navy.

I will draw my State Pension when I turn 67. However, my private Pension is apparently supposed to mature when I am 65.

My question is, I wonder if I can I delay claiming it until I reach state Pension age, so that the State and private pensions pay out together from my 67th birthday?

Or, am I strictly required by the DWP to claim my private pension at 65 in order that the DWP can reduce my Partner's UC payment, thereby saving the Government money?

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David
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4 hours 33 minutes ago #313881 by David

Replied by David on topic Claiming a private pension before state pension age.

Hi Phil C

If you are under State Pension age then UC are not interested in deferred private pensions. It is only when you have reached the State Pension age that the deferred pension is taken into account.

David

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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Claiming a private pension before state pension age.

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